On Sunday Bitcoin (BTC) price revved up to rally from $7,115 to $7,642, providing a 7% gain and an unexpectedly strong weekly close, which now has some analysts suggesting that a trend reversal is in the making.
I don't have a cow.
After all it's Bitcoin.
Niiiice. I believe the bottom is in. If $6500 isn't breached in the near future we can confidently say the bottom is in and Bitcoin is settng up for another rally after the halving, at least I hope so. Looking strong so far though as Bitcoin breached $7500 recently and still hed support at $7300. I hope this is it, no more bear trend.